HILL TOP RANCH 'A'

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268036District 09Field 65280200GasSaveExport
Value, all time
$6.8 M
Jul 2012 – May 2026
Value, last 12 filed months
$204 k
at the published price for each month
Months reported
167
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction1,942,359 Mcf$6,779,886
Total$6,779,886

Every month this lease reported (167)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

167 months

May 20265,091106.413.05$15,506
Apr 20264,94498.932.87$14,188
Mar 20264,77689.753.15$15,042
Feb 20264,61663.503.75$17,311
Jan 20263,58359.138.00$28,657
Dec 20254,23856.664.41$18,704
Nov 20254,48658.593.93$17,614
Oct 20254,92159.383.30$16,263
Sep 20254,94162.743.08$15,203
Aug 20255,30363.933.01$15,987
Jul 20254,65666.743.32$15,436
Jun 20254,59866.483.13$14,386
May 20254,64360.553.23$15,008
Apr 20254,25262.363.54$15,065
Mar 20254,78567.704.27$20,424
Feb 20254,64370.884.34$20,155
Jan 20255,50974.324.28$23,571
Dec 20245,59168.993.12$17,452
Nov 20244,77569.052.20$10,498
Oct 20245,43171.372.28$12,390
Sep 20245,38669.612.36$12,734
Aug 20245,64475.632.06$11,647
Jul 20245,54479.932.15$11,901
Jun 20244,68578.082.63$12,340
May 20245,58578.812.20$12,278
Apr 20245,53384.451.66$9,180
Mar 20245,98280.301.55$9,243
Feb 20244,48176.091.78$7,992
Jan 20244,68273.023.30$15,440
Dec 20235,04371.262.61$13,166
Nov 20236,21277.892.81$17,441
Oct 20236,08285.443.09$18,777
Sep 20235,84089.042.74$15,973
Aug 20235,77880.522.67$15,444
Jul 20235,88274.852.64$15,539
Jun 20235,64168.962.26$12,740
May 20235,19370.622.23$11,567
Apr 20235,99278.122.24$13,409
Mar 20235,33072.852.39$12,756
Feb 20235,40475.112.47$13,325
Jan 20236,01776.533.39$20,384
Dec 20225,87676.415.73$33,664
Nov 20226,21685.005.65$35,097
Oct 20226,41487.185.86$37,610
Sep 20228,71784.888.16$71,163
Aug 20226,72694.529.13$61,389
Jul 20226,074101.587.54$45,811
Jun 20226,133115.097.98$48,924
May 20225,439109.378.43$45,867
Apr 20224,661104.226.84$31,870
Mar 20226,439108.885.08$32,687
Feb 20224,48591.054.86$21,792
Jan 20226,48681.844.54$29,431
Dec 20216,43371.323.90$25,083
Nov 20216,36977.435.24$33,354
Oct 20216,53379.795.71$37,329
Sep 20216,30269.865.35$33,722
Aug 20216,58966.024.22$27,809
Jul 20216,61670.783.98$26,345
Jun 20215,45569.493.38$18,441
May 20213,99463.483.02$12,053
Apr 20216,58360.362.76$18,159
Mar 20217,43561.302.72$20,200
Feb 20216,20657.805.55$34,431
Jan 20217,63450.412.81$21,454
Dec 20207,27144.642.68$19,453
Nov 20206,83838.772.71$18,508
Oct 20207,89336.972.48$19,562
Sep 20207,13637.091.99$14,208
Aug 20207,81539.982.39$18,640
Jul 20207,96438.371.83$14,535
Jun 20207,15134.901.69$12,087
May 20207,39416.921.81$13,418
Apr 20206,77514.751.80$12,225
Mar 20208,40630.341.86$15,603
Feb 20208,34949.881.98$16,537
Jan 20208,61457.252.09$18,044
Dec 20198,30759.012.30$19,142
Nov 20198,19055.302.75$22,528
Oct 20198,81953.472.42$21,329
Sep 20198,58455.052.66$22,810
Aug 20198,89053.112.30$20,486
Jul 20198,55056.272.46$21,034
Jun 20198,67752.782.49$21,616
May 20199,47258.482.74$25,956
Apr 20198,64662.632.75$23,783
Mar 20199,02456.803.06$27,632
Feb 20198,02850.852.79$22,416
Jan 20199,41946.033.23$30,406
Dec 20189,70146.594.19$40,603
Nov 20189,60852.934.24$40,711
Oct 20189,69561.443.40$32,944
Sep 20189,55959.543.11$29,709
Aug 20187,74259.403.07$23,741
Jul 20189,68565.142.93$28,395
Jun 20189,71460.183.08$29,889
May 201810,15965.382.90$29,469
Apr 201810,15663.842.90$29,461
Mar 201810,70161.222.79$29,822
Feb 20189,67261.782.77$26,754
Jan 201811,11562.874.01$44,564
Dec 201711,53057.272.92$33,685
Nov 201711,32755.423.12$35,322
Oct 201713,51549.292.98$40,324
Sep 201711,61347.523.09$35,853
Aug 201712,20045.373.00$36,654
Jul 201711,73843.873.09$36,238
Jun 201711,97842.493.09$36,979
May 201712,41945.373.26$40,528
Apr 201710,71147.933.21$34,399
Mar 201712,98846.772.98$38,752
Feb 201712,19350.452.95$36,001
Jan 201713,72849.413.42$46,933
Dec 201614,06048.763.72$52,343
Nov 201613,55242.492.64$35,836
Oct 201613,73346.193.09$42,439
Sep 201613,51141.553.10$41,893
Aug 201614,48341.442.92$42,353
Jul 201614,40841.622.92$42,134
Jun 201613,13145.352.69$35,268
May 201613,39942.521.99$26,678
Apr 201610,07536.561.99$20,060
Mar 201611,49133.011.79$20,615
Feb 201613,72226.472.06$28,317
Jan 201614,65427.352.36$34,647
Dec 201514,98732.362.00$29,995
Nov 201513,63438.792.17$29,549
Oct 201513,75043.552.43$33,365
Sep 201513,52842.992.76$37,316
Aug 201514,08140.162.87$40,448
Jul 201514,47748.152.95$42,636
Jun 201514,85056.152.88$42,810
May 201516,92555.212.96$50,021
Apr 201517,05749.822.71$46,166
Mar 201518,27842.892.93$53,641
Feb 201516,90344.662.98$50,307
Jan 201519,19543.433.10$59,517
Dec 201419,33054.693.59$69,421
Nov 201418,82770.464.25$80,049
Oct 201420,68878.303.90$80,703
Sep 201420,84786.164.05$84,335
Aug 201422,35289.394.04$90,193
Jul 201423,83196.564.18$99,604
Jun 201419,31498.164.74$91,488
May 201420,26894.734.73$95,798
Apr 201421,14295.944.81$101,674
Mar 201423,69595.895.06$119,821
Feb 201422,23297.406.19$137,661
Jan 201424,66590.404.86$119,890
Dec 201325,81691.824.35$112,415
Nov 201325,96288.853.74$97,053
Oct 201328,23797.423.78$106,718
Sep 201328,907104.113.72$107,469
Aug 201331,777104.253.52$111,938
Jul 201333,747102.523.72$125,463
Jun 201335,01394.403.93$137,720
May 201338,45894.834.15$159,565
Apr 201340,84493.964.28$174,918
Mar 201346,54193.623.91$182,109
Feb 201346,23691.233.42$158,123
Jan 201359,13191.603.42$202,223
Dec 201267,05686.773.42$229,342
Nov 20128,36786.953.62$30,330
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Gas                5,091 Mcf  × $  3.05 =    $15,506

────────────────────────────────────────────────────
Month total                                  $15,506

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/268036 is the state's own key, not one this site invented.